Warsaw, October 6, 2021
Polish-Kazakh Business Forum
An interview with Mr. Meirzhan Yussupov, Chairman of the Board of the “National Company” KAZAKH INVEST” JSC – Member of the Board of Directors of the Company by Magdalena Sobańska-Cwalina, Ph.D., Boym Institute, Member of the Board, Warsaw, Poland
MSC: Let’s make a quick start. Why Polish entrepreneurs should invest in Kazakhstan?
M.Y.: There are many good reasons. Firstly, the market access. Kazakhstan is the part of the Eurasian Economic Union, so you can consider a 180 million consumer market. Secondly, perfect geographical location. The shortest land connection between Western Europe and China passes through Kazakhstan. We have China on the other side of the border. From Almaty – the former capital of Kazakhstan – there is two to three hours of driveway to the Chinese border. Thirdly, if you conduct a capital investment to Kazakhstan, we have attractive government incentives, such us various tax breaks, subsidies, and plug-and-play infrastructure provided by the government. Fourthly, our population is growing in demographic terms. In terms of UN Human Development Index, we occupy a much higher place compared to our neighbors. We have well educated population which provide quality services at affordable price. Moreover, our country is rich in natural resources and raw materials. Last but not least is political stability. If you take a look at around Kazakhstan, our country is a safe haven for investors.
Magdalena Sobańska-Cwalina (M.S-C): How Poland as a country and Polish products are perceived in your country?
M.Y.: As you can see from the outstanding turnout at the Polish-Kazakh business forum, Polish business is popular in Kazakhstan. And vice versa. Polish goods are regarded very well in Kazakhstan. For example, although we consider Kazakhstan a birthplace of apples, Polish fruits are still exported to Kazakhstan. This shows how well advanced the Polish technology is in terms of agricultural sector. We know also Polcotton very well, an investor to greenhouses in Central Asia. We have also other Polish projects in Kazakhstan like Polpharma which is the pharmaceutical company with a well-established production in our country.
M. S-C.: If a Polish company would like to start a business in Kazakhstan what do they need to know first?
M.Y.: The Kazakh government is putting a lot of efforts to enhance the business climate. We are #25 overall and #22 in terms of easiness of starting a business according to the World Bank’s Doing Business Report. I would advise anyone who is planning to start a business in Kazakhstan to contact KAZAKH INVEST so that we can advise. We also give a hand in finding a local partner in Kazakhstan.
For potential investors we provide comprehensive country information, plus sectoral reviews, and what is important specific investment projects prepared by our team together with international consultants.
Then we organize targeted visits to Kazakhstan. We set up meeting with central government bodies and local authorities. We have representatives in all regions. Important service is business matchmaking, we assist in searching for a strong local partner.
Then we assist in structuring of investment projects providing various options for financing. We guide investors all the way through the project implementation stage. And even after a successful launch, we provide continuous service support on the questions investors may have in doing business in Kazakhstan.
M. S-C.: What are the common mistakes foreign companies make in Kazakhstan?
Many of those mistakes are related to the market. Firstly, all businessmen conduct analysis prior making investments. Sometimes there is a market mismatch: there is not enough market for their products. Secondly, you should carefully think about logistics and local raw materials availability. Therefore, knowledge of the market is essential. If investors come to the KAZAKH INVEST, we help them with market research. It would be also wise to invest in hiring various specialized companies that do real kind of in-depth analysis of that market for their specific products
M.S-C.: What are priority sectors in which you would like to see Polish investors?
M.Y.: There is a large list of priority sectors, including agribusiness, mining, metallurgy, petrochemical industry, infrastructure, renewable energy and others. But personally, I would like to highlight agribusiness given the potential of Kazakhstan. Kazakhstan is among Top 5 countries globally in terms of potential for growth of agriculture sector. The government is putting a lot of emphasis to attract even more investments in agriculture and food processing. More concretely, feed mills for growing the cattle or greenhouse projects are on top the list. The pandemics demonstrates that food security is essential. We see a lot of interest in investing in Kazakhstan, for consumption domestically and for exports to other markets, e.g. China.
MSC: Both Poland and Kazakhstan have problems with the inefficient water use. Isn’t it a platform for future cooperation?
M.Y.: We are very concerned about the amount of water consumed by irrigation systems in Kazakhstan. The government devotes a lot of attention on how to save water using the modern irrigation technologies. Therefore, we are interested in cooperation with Polish companies on this matter.
M.S-C: Aren’t you afraid of the competition from your southern neighbor, Uzbekistan? The reforms started there may make it more attractive for foreign investors than it was before.
M.Y.: Competition is always good. For so many years we have been the leader in terms of foreign direct investment, in absolute numbers. If someone is doing better than before and wants to compete that gives additional impetus for us to become even better. Many entrepreneurs are investing to the southern part of Kazakhstan, which provides direct access to the entire growing market of Central Asia.
M.S-C: What are the main results of today’s business forum?
M.Y.: We have signed seven documents between Poland and Kazakhstan. It is by far the largest business event during the last four years. There is a very high interest from the Polish business community in terms of investing in Kazakhstan, as well as a strong Kazakh demand for meeting Polish business. We have a lot of positive feedback; I am sure we laid strong foundations for future partnerships.
On October 5, 2021, the Polish-Kazakh Business Forum was held in Warsaw, during which 7 bilateral documents were signed on the implementation of projects in Kazakhstan worth about $ 445 million.
Magdalena Sobańska-Cwalina Central Asia analyst, member of the Board of Directors of the Michal Boym Institute for Asian and Global Studies Foundation, PhD in economics (topic of doctoral dissertation: "Institutional determinants of the activity of Polish companies of the building materials industry in eastern markets"). Privately, she is passionate about classical music.
Więcej informacji na temat: newslettera, polityki prywatności serwisu
czytaj więcej
Paweł Behrendt for 9DASHLINE: The South China Sea – from colonialism to the Cold War
We would like to inform, that 9DASHLINE has published article of Paweł Behrendt - the Boym Institute Analyst, in which he wrote about history of the South China Sea dispute over the 20th century.
Paweł BehrendtTo free oneself from the Chinese embrace. On Indo-Russian relations with Nandan Unnikrishnan
Interview with Nandan Unnikrishnan, who has served for many years as a correspondent for Indian media in Russia. Currently he is a research fellow at the Observer Research Foundation in Delhi. The interview was conducted during the Raisina Dialogue 2019 in Delhi.
Krzysztof ZalewskiWICCI’s India-EU Business Council – a new platform for women in business
Interview with Ada Dyndo, President of WICCI's India-EU Business Council and Principal Consultant of European Business and Technology Centre
Ada DyndoDrug and Road Initiative, that is the Silk Road of drug
This paper deals with the issue of drug business in post-Soviet Central Asia, a region that plays a key role in the trafficking of banned substances from Asia (mainly Afghanistan) to Europe. The study briefly presents the areas that make up the picture of drug business in Central Asia, paying attention to production and distribution.
Jerzy OlędzkiThe Global Waste Trade: Unveiling Waste Colonialism in Southeast Asia
Although 19th-century colonialism may seem like a relic of the past, the global community continues to grapple with its modern counterparts, often referred to as neo-colonialism.
Andżelika SerwatkaDr Krzysztof Zalewski participates in the Kigali Global Dialogue in Rwanda
A short note and photo gallery from the chairman of the Board of the Boym Institute, who stays in Rwanda at the "Kigali Global Dialogue" conference.
Coronavirus outbreak in Poland – General information and recommendations for entrepreneurs
Kochański & Partners and the Boym Institute engaged in delivering information about latest after-effects of COVID-19 pandemia, which has begun to spread in Poland during the past days.
Book review of "GDR International Development Policy Involvement. Doctrine and Strategies between Illusions and Reality 1960-1990, The example (South) Africa", written by Ulrich van der Heyden and published by Lit Verlag in 2013.
Nicolas LeviA letter from the Adam Institute in Jerusalem
This letter is part of our series on the Voices from Asia. We share our platform with Dr. Uki Maroshek-Klarman who serves as the Executive Director at the Adam Institute for Democracy and Peace in Jerusalem, Israel.
Uki Maroshek-KlarmanThe Adam Institute invites you to join us for a new engaging course, tailored to participants from Poland, taught on ZOOM.
After the darkness of the Cultural Revolution, the times of the Chinese transformation had come. In 1978, Deng Xiaoping realised the need to educate a new generation of leaders: people proficient in science, management and politics. Generous programmes were created that aimed at attracting back to China fresh graduates of foreign universities, young experts, entrepreneurs and professionals.
Ewelina HoroszkiewiczSearching for Japan’s Role in the World Amid the Russia-Ukraine War
The G7 Hiroshima Summit concluded on May 21 with a communiqué reiterating continued support for Ukraine in face of Russia’s illegal war of aggression. Although Japan was perceived at the onset of the war as reluctant to go beyond condemning Russia at the expense of its own interests, it has since become one of the leading countries taking action during the war.
Rintaro NishimuraCentral Asia. The winding road to regional integration
The aim of the paper is to present the current stage of integration among the Central Asian republics and to analyze directions and dynamics of this process in the nearest future. This study also attempts to identify factors which can either slow down or strengthen the process of integration as well as its causes and consequences.
Jerzy OlędzkiDr. Nicolas Levi with a lecture in Seoul
On May 24 Dr. Nicolas Levi gave a lecture on Balcerowicz's plan in the context of North Korea. The speech took place as part of the seminar "Analyzing the Possibility of Reform and its Impact on Human Rights in North Korea". The seminar took place on May 24 at the prestigious Yonsei University in Seoul, South Korea.
Online Course: “Educational tools for addressing the effects of war”
The Adam Institute for Democracy and Peace is offering “Betzavta” facilitators, middle school and high school educators, social activists, communal activists and those assisting refugees an online seminar to explore educational issues related to wartime.
Peace and development as the call of our day again face severe challenges on a global scale, with more prominent instability, uncertainty and complexity
Yiwei WangAre “Climate Refugees” (Just) About Climate?
As the awareness of the scale and pervasiveness of climate impacts on human societies keeps rising, so does the frequency with which the terms “climate refugees” and “climate migrants” are being used in the public discourse “to describe those who are being displaced due to adverse consequences related to climate change” (Atapattu, 2020).
Dawid JuraszekPatrycja Pendrakowska made it to the Top 40 under 40 Europe-India leaders list
#EuropeIndia40, an initiative of EICBI, covers the stories of leaders below the age of 40 and their contributions to promoting EU India / UK India relations.
The Dasgupta Review on Women and the Environmental Crisis
Commissioned in 2019 by the British government and published in February 2021, The Dasgupta Review has been likened to the 2006 Stern Review. Where the latter brought to widespread attention the many failings of the world economy in the face of global warming, the former makes similar points as regards biodiversity – and identifies the unique challenges faced by women.
Dawid JuraszekSaudi ‘Vision 2030’. How the Kingdom is using oil to end its economic overdependence on oil.
With the advent of clean energy technologies the Saudis realize they need to end their economic dependency on oil. ‘Vision 2030’ is a vast and complex plan that seeks to preserve Saudi Arabia’s regional power, economic prosperity, and - not the least - authoritarian rule in the post-oil future.
Jan KosińskiGlobal Gateway 101: A Short Guide to the EU’s Development Initiatives and their Challenges in Asia
The 2010s and 2020s have been marked by intense geopolitical competition, not only in traditional military and economic terms but also in the realm of global development initiatives.
Konrad SzattersHow to deal with gender-based segregation?
Interview on the project Supporting the Economic Empowerment of Afghan Women through Education and Training in Kazakhstan and Uzbekistan. Magdalena Sobańska-Cwalina and Krzysztof M. Zalewski (The Boym Institute) in discussion with: Yakup Beris, Johannes Stenbaek Madsen, Maria Dotsenko, Gulnar Smailova,
Zespół Instytutu BoymaBook review: “North Korean Defectors in a New and Competitive Society”
Book review of "North Korean Defectors in a New and Competitive Society", written by Lee Ahlam - assistant professor in the Department of Educational Leadership and Human Resource Development at Xavier University Cincinnati, Ohio.
Nicolas LeviOnline Course: “Conflict Resolution and Democracy”
The course will be taught via interactive workshops, employing the Adam Institute’s signature “Betzavta – the Adam Institute’s Facilitation Method“, taught by its creator, Dr. Uki Maroshek-Klarman. The award-winning “Betzavta” method is rooted in an empirical approach to civic education, interpersonal communication and conflict resolution.